Vancouver Homebuyers Enjoy More Choices as Prices Ease

Greater Vancouver home prices fell 0.3% in November to $1,123,700, down 3.9% from last year and 10.8% below the 2022 peak, marking the lowest since 2023. Sales dropped 15.4% from last year to 1,846, nearly half the 2021 peak. Inventory rose 14.4% to 15,149 active listings, the highest November level since 2012, giving buyers increased leverage amid a growing supply.